World Business Briefing | Europe: Britain: Another Safeway Bidder

Philip Green, a British retailing executive, forged ahead with his plan to join the bidding for Safeway, a British supermarket chain that is up for sale, by filing a formal proposal with the Office of Fair Trading, one of the country's two antitrust bodies. The office is reviewing proposals from four other bidders: Tesco; J Sainsbury; ASDA, a unit of Wal-Mart Stores; and William Morrison Supermarkets. If those proposals raised serious antitrust concerns, they would be referred to the second antitrust body, the Competition Commission, for a more in-depth review. A ruling is expected within 45 days. Suzanne Kapner (NYT)